Ascend Wellness Holdings, Inc. (OTC:AAWH - Get Free Report) dropped 3.2% during trading on Wednesday . The stock traded as low as $0.42 and last traded at $0.43. Approximately 63,845 shares traded hands during trading, a decline of 69% from the average daily volume of 204,309 shares. The stock had previously closed at $0.44.
Ascend Wellness Price Performance
The business's 50-day simple moving average is $0.47 and its two-hundred day simple moving average is $0.76. The company has a quick ratio of 0.80, a current ratio of 1.47 and a debt-to-equity ratio of 2.61. The stock has a market cap of $92.18 million, a P/E ratio of -1.05 and a beta of 1.34.
Ascend Wellness (OTC:AAWH - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.03). Ascend Wellness had a negative net margin of 15.47% and a negative return on equity of 72.18%. The business had revenue of $141.65 million during the quarter, compared to analysts' expectations of $144.13 million. Sell-side analysts expect that Ascend Wellness Holdings, Inc. will post -0.37 EPS for the current year.
Ascend Wellness Company Profile
(
Get Free Report)
Ascend Wellness Holdings, Inc engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods in the United States. The company offers flower, pre-rolls, concentrates, vapes, edibles, tinctures, and other cannabis-related products under the Common Goods, SimplyHerb, Ozone, Ozone Reserve, Royale, Tunnel Vision, Miss Grass, Lowell Smokes, Edie Parker, 1906, and AiroPro brands.
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